v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash $ 43,289 $ 106,136
Accounts receivable 390,389 370,897
Inventory 105,480 114,893
Prepaid and other current assets 90,219 100,619
Current assets held for sale - discontinued operations 168,098 36,354
Total current assets 797,475 728,899
Equipment and other fixed assets, net 656,368 503,193
Operating lease right-of-use assets 127,204 111,968
Finance lease right-of-use assets 44,801 52,300
Goodwill 2,370,431 2,457,627
Identifiable intangible assets, net 31,780 35,774
Deferred income taxes, net 290,720 267,786
Other assets 22,090 19,119
Noncurrent assets held for sale - discontinued operations 0 139,911
Total Assets 4,340,869 4,316,577
Current liabilities:    
Accounts payable and accrued expenses 576,300 553,700
Current portion of long-term debt 8,125 20,313
Current portion of operating lease obligations 36,030 30,728
Current portion of finance lease obligations 19,337 17,702
Contract liabilities 64,743 59,339
Other liabilities 4,117 30,106
Liabilities held for sale - discontinued operations 560 504
Total current liabilities 709,212 712,392
Long-term debt, less current portion 1,879,809 1,715,983
Operating lease obligations, less current portion 96,352 85,470
Finance lease obligations, less current portion 25,435 32,604
Other long-term liabilities 243,805 243,804
Total Liabilities 2,954,613 2,790,253
Commitments and contingencies (note 17)
Stockholders' Equity:    
Common Stock, par value of $0.0001 per share, 300,000,000 shares authorized; 136,305,075 and 135,450,364 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 14 13
Preferred Stock, par value of $0.0001 per share, 5,000,000 shares authorized; 124,060 shares issued and outstanding as of June 30, 2026 and December 31, 2025 1 1
Treasury stock, at cost (2,935,035 shares at June 30, 2026 and December 31, 2025) (25,548) (25,548)
Additional paid-in capital 2,186,940 2,176,990
Accumulated deficit (782,941) (632,972)
Accumulated other comprehensive income 0 78
Total stockholders' equity attributable to AdaptHealth Corp. 1,378,466 1,518,562
Noncontrolling interest in subsidiary 7,790 7,762
Total Stockholders' Equity 1,386,256 1,526,324
Total Liabilities and Stockholders' Equity $ 4,340,869 $ 4,316,577